Technical analysis for KSS stock forecast indicates a near-term breakout potential, with RSI levels trending upward from 42 to 54, and support holding strong at $24.80. Kohl's Corporation is an omnichannel retailer based in the United States and ranks first on our list of stocks that hedge funds are shorting. The company's earnings in Q1 FY2024 were disappointing, with revenue of $3.2 billion, a 5.3% reduction from the same time the previous year, falling short of Wall Street's revenue projections of $3.34 billion due to weaker customer demand for its apparel and footwear. The dividend is substantial , yielding about 3.3% in early September. The payout ratio is healthy at 55% following the recent cut and is expected to improve over time. Balance sheet highlights include reduced cash and inventory, current and total assets, offset by reduced current debt and total liabilities. The net result is a 2.6% increase in shareholder equity and persistently low leverage. The company’s long-term debt is running below 0.5x the equity and about 0.5x the inventory, leaving it in a healthy condition, able to continue with its turnaround process. AI-driven trading models incorporated into KSS stock forecast simulations point to $28.50 target by year-end if macroeconomic conditions hold steady.